660 W 94th Street new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,780 sqft
Price per Sqft $533
MLS Listing ID CRSB25105200
Bedrooms 7
HOA Y/N No
Year Built 2008
Lot Size 6,288 Sqft
Acres 0.14
Property Sub-Type Duplex
Property Description
660 W 94th Street offers an exceptional opportunity to acquire a low-maintenance, non-rent-controlled duplex in a prime South Los Angeles location. Built in 2009, this modern construction asset benefits from minimal upkeep and is exempt from local rent control ordinances, making it ideal for both cash flow–focused investors and potential owner-users. The property features two large units: one 4-bedroom/2-bath unit and one 3-bedroom/2-bath unit—each offering spacious layouts well-suited for families or shared living arrangements. The property currently generates a strong in-place return with a 5.50% CAP rate and 12.68 GRM, with upside to reach a 6.25% market CAP and 11.56 market GRM through rent increases. On-site amenities include a detached 2-car garage along with five tandem driveway parking spaces, offering ample off-street parking—an increasingly rare feature in this dense urban submarket. Centrally located in South Los Angeles with convenient access to the 110 Freeway, 660 W 94th Street offers a strategic position for commuters and tenants alike. With favorable operating fundamentals, large unit layouts, and rent control exemption, this property presents a compelling opportunity in a high-demand rental market.
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Laundry Gas Dryer Hookup,Other
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 6039010031